BORDEAUX, France, December 19, 2013 /PRNewswire/ --
Europlasma is pleased to announce that the Board, upon
successful completion of a search by a specialist international
recruitment company, has nominated Mr Jean-Eric Petit to the post of Chief Executive
Officer from the 6th January
2014. Jean-Eric takes over from Francois Marchal who was nominated in
July 2013 as Managing Director of the
group for a period of 6 months, and will remain a member of the
Europlasma Board. Jean-Eric will also manage Europlasma's
subsidiaries CHO Power, Inertam and CHOPEX.
After several years in the aeronautical sector in France, during which he became familiar in
particular with plasma torch technology, Jean-Eric became CEO in
1996 of MES Ltd (Martin Engineering Systems) in the UK, active in
the treatment and use of waste. In this capacity, he was
instrumental in the financing and construction of the majority of
waste-to-energy plants in Great
Britain between 1996 and 2000. He also created and managed
MES Environmental Ltd, 100% subsidiary of MES dedicated to the
operation and maintenance of these plants.
In 2000 Jean-Eric joined private equity firm 3i plc as sector
partner, responsible for Environment and Renewable Energy as well
as Aeronautics and Defence. For 3i, Jean-Eric invested nearly 1
billion pounds in 9 years, all over the world. He also represented
3i interests at committee level for several companies including SR
Technics (Switzerland) and
Aviapartner (Belgium).
In 2009, Jean-Eric joined MWM, a world leader in the supply of
gas and biogas engines and power plants, owned by 3i plc. As CEO of
MWM France and MWM Benelux, Jean-Eric turned around these
subsidiaries, delivering growth (doubled MWM France turnover) and
profits (eliminated MWM Benelux losses). At the end of 2011, MWM
was sold by 3i plc to Caterpillar.
Jean-Eric is a graduate of ESTP (Ecole Supérieure des Travaux
Publics) and obtained an International MBA from EM Lyon Business
School.
Commenting of this nomination, Pierre
Catlin, President of the Group declared "The Board and I are
happy to welcome Jean-Eric as new CEO and we have every confidence
that he will put in place the necessary measures in order to
improve profitability and accelerate growth, and therefore restore
shareholder value".
About Europlasma
Europlasma is a French Group operating in the clean technologies
and renewable energy production industries. Founded in 1992 to
apply its proprietary plasma torch technology to hazardous waste
destruction, it is now built on the following three business
units:
- Europlasma is a world-wide supplier of plasma heating
systems and related applications
- Inertam is the global specialist in the destruction and
recycling of asbestos and hazardous waste
- CHO Power is a producer of electricity from waste and
biomass gasification.
http://www.europlasma.com [Alternext - NYSE Euronext Paris -
Mnemo : ALEUP - Isin : FR0000044810]
Press and investor contacts
François MARCHAL, Chief Executive Officer
Estelle MOTHAY, Chief Financial Officer
Anne BORDERES, Press & Shareholders contact
Tel: +33-556-747-372
contactbourse@europlasma.com